PPG’s Tipton Plant Future Uncertain

PPG Industries is evaluating the future of its plants, including its automotive glass manufacturing facility in Tipton.

PPG is exploring all alternatives for its automotive OEM (original equipment manufacturer) glass and automotive replacement glass, performance glazings and fiberglass operating segments, said Jack Maurer, spokesman for the Pittsburgh-based company. “We have engaged outside advisers to assist us in considering our alternatives including the potential sale of one or more of these operating segments,” Maurer said. “These alternatives may include acquisitions, restructure, forming strategic alliances and divestiture.” PPG is a producer of flat and fabricated glass in North America and a global producer of continuous strand fiberglass.

PPG’s principal glass production facilities are in North America and Europe. Fourteen plants operate in the United States, six of which, including Tipton, produce automotive original and replacement glass products, five produce flat glass and three produce fiberglass products.

Maurer said the company does not have a specific timeline to decide what it will do with its operations.

Marty Marasco, president and chief executive officer of Altoona-Blair County Development Corporation, said what PPG Industries is doing is not unusual for a publicly-owned company.

Read the entire news on the source link below.

600450 PPG’s Tipton Plant Future Uncertain glassonweb.com

See more news about:

Others also read

The architect selected Guardian SunGuard® SuperNeutral® (SN) 70/37 on Guardian ExtraClear float glass for the glazed façade, windows and impressive-looking atrium.
The first edition of the two-day Chile Glass event dedicated to the glass industry concluded with many regarding it as a success.
Glass for Europe welcomes today’s release by the European Commission of the ’Clean Planet for All’ communication on a European strategic long-term vision for a climate neutral economy [1], which marks the start of an inclusive debate.
CSR Limited (CSR) announced it has entered into an agreement to sell its Viridian Glass (Viridian) business to Crescent Capital Partners (Crescent) for a total cash consideration of approximately $155 million.
The first event dedicated to the technologies and solutions for glass processing ever held in Chile is taking place today and tomorrow.
Australian Glass Group is excited to announce their brand new Tasmanian plant is up and running!

From industry

Portuetxe bidea 18
20018 San Sebastián (Gipuzkoa) Guipúzcoa

40 Corniche El-Nil,
Al Sharafain Tower Maadi,
Cairo Governorate

Is Kuleleri, Kule: 2, Kat: 22, 4. Levent
34330 Levent-Istanbul/İstanbul


Unelko Corporation
Vitro Architectural Glass (Formerly PPG Glass)

Add new comment